Investor Type | Firm |
Industries | Other • IT (& TMT) • BioTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Medical Devices (& Hospital Services) • Healthcare (& Wellness) • Consumer |
Stages | Seed, Series A, Series B |
Investing | United States • India |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
ICICI Venture is an alternative asset management firm from Mumbai, India, with a rich history since 1988, serving as a gateway to private equity and alternative assets in India. As a wholly owned subsidiary of ICICI Bank, the largest private sector financial services group in India, it offers a range of investment services including private equity, real estate, infrastructure, and special situations. With deep expertise across asset classes, they specialize in providing customized equity, debt, and hybrid capital solutions with a strong India nexus. ICICI Venture focuses on various sectors such as information technology, life sciences, healthcare, media, entertainment, banking, financial services, infrastructure, retail, aviation, auto components, construction services, real estate, biotechnology, textiles, fine chemicals, consumer products, logistics, and more. They seek to invest in companies with needs for management buyout, venture capital, and growth expansion capital. Their investment spectrum includes a minimum of $100,000, a maximum of $5,000,000, with a sweet spot around $1,500,000, mainly focusing on Seed to Series B stages. With over $6 billion in AUM/A since inception and more than 600 investments, ICICI Venture is known for delivering superior risk-adjusted returns to its investors, utilizing diverse exit strategies such as IPOs, sales to strategic players, and buybacks. They partner with both Indian and Global Financial investors, managing capital from Global Sovereign Wealth Funds, Global Pensions, Global Fund of Funds, and various other institutional and individual investors. ICICI Bank is an anchor investor in their funds. Committed to high standards, ICICI Venture incorporates ESG considerations into its investment strategy, reflecting global best practices and policies of the ICICI Group.